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Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.PR.I | T.AX.UN

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.


TSX:AX.PR.E - Post by User

Post by SNAKEYBOYon Apr 01, 2023 12:46pm
259 Views
Post# 35373728

Monday is the most important day in history for AX.UN

Monday is the most important day in history for AX.UN
People are giving excuses that Manji maxed out his buys and cant afford anymore.....and that the NCIB may have paused to focus on debt or further asset sales.  That would be ok if only one stopped, and a rational explanation.  But both stopping at the EXACT same time implies both reasons are flawed, and coincidentally when Q1 is officially closed.  Q1 = super negative. 

Now lets talk about what would happen with a $ 6.50 unit price...$500 million market cap.  Investment in D/FCR is almost 300 million...thats when they steal artis for free!

Monday I hope this theory is proved entirely WRONG.
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